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By Sanjay Sanghvi, Jimmy Bhatt, Kruthika Prakash
The Government of India (Union Cabinet) has approved the ratification of the Multilateral Convention to Implement Tax Treaty Related Measures to Prevent Base Erosion and Profit Shifting (MLI) and India's final position to the same.
By Sanjay Khan Nagra, Prashanth Ramdas, Anurag Singh
In the recent past, the adoption of technology has caused significant disruption in financial services sector and the financial ecosystem as a whole.
By Ashish Razdan, Vidushi Gupta
The Indian fintech industry is rapidly evolving to provide innovative technologies in the financial services sector.
By Dinesh Agrawal, Anjali Krishnan
United States by way of a Presidential Proclamation dated 31 May 2019 has revoked, effective from 5 June 2019, the ‘beneficiary developing country' status accorded to India under the ‘Generalised System of Preferences' since 1975.
By Siddharth Shah, Mohit Maheshwari, Rajeswari Mukherjee
On 24 March 2019, SEBI released a report on redrafting the SEBI (Foreign Portfolio Investors) Regulations 2014 by the Working Group constituted under the chairmanship of Harun R Khan, for public comments.
By Kumar Singh, Kartick Maheshwari, Aditi Bagri, Hemant Kothari
The RBI issued a revised prudential framework for resolution of stressed assets on 7 June 2019 in supersession of the erstwhile circular on Resolution of Stressed Assets dated 12 February 2019 which was struck down ...
By Anshul Prakash, Abhimanyu Pal, Deeksha Malik
The Notification mandates that the Exempted Establishments comply with certain conditions to enjoy the benefits of the exemption granted therein.
By Nishad Nadkarni, Udita Kanwar
The Ministry has sought comments on the Draft Amendments, which may be submitted till 29 June 2019.
By Dinesh Agrawal, Anjali Krishnan
The Hon'ble Supreme Court, vide its order dated 29 May 2019, while refusing to interfere with the order of the Bombay High Court, has held that the position regarding the arrest provisions under Central Goods and Services Tax Act, 2017 ...
By Chakrapani Misra, Zacarias Joseph, Saasha Malpani
The division bench of the Supreme Court of India comprising of Hon'ble Justice Mr R.F. Nariman and Hon'ble Justice Mr Vineet Saran, in its judgment dated 30 April 2019 in J.K. Jute Mill Mazdoor Morcha v Juggilal Kamlapat Jute Mills Company Ltd & Ors ...
By Smriti Yadav, Sunaina Brahma
In Cargil India Private Limited v M/s. M.M. Oil Enterprises (Notice of Motion No 1107 of 2019 in COMIP No. 425 of 2017), the Bombay High Court (Court) has once again passed a notable order whereby the Court imposed a sentence ...
By Dinesh Agrawal, Ankit Shah, Pranay Sahay
The Government of Kerala has introduced a cess as per clause 14 of the Kerala Finance Bill, 2019 called the "Kerala Flood Cess".
By Smriti Yadav, Shwetank Tripathi
Interestingly, the suit was also held to be barred by limitation.
By Dinesh Agrawal, Ankit Shah, Pranay Sahay
The Hon'ble High Court of Orissa, vide its order dated 17 April 2019, in in Safari Retreats Private Limited v Chief Commissioner of Central Goods & Service Tax [W.P. (C) 20463 of 2018], has allowed availment of ITC...
By Nishad Nadkarni, Shwetank Tripathi
Under the scheme of Copyright Act, copyright in inter alia an artistic work subsists the moment a work is created.
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